Major automakers are raising vehicle prices due to an ongoing shortage of memory chips, with the impact of AI-related demand now extending beyond computers and consumer electronics into the vehicle sector.
Korean manufacturer Hyundai has confirmed plans to raise its investment in the United States by $2.7 billion, following an ICE raid that sent home 317 Korean employees who were improperly working at a Georgia construction site.
Commerce Secretary Howard Lutnick dismissed complaints by Korean companies about their workers getting caught at jobs in the United States without work permits.
The South Korean government is reportedly displeased by the U.S. Immigration and Customs Enforcement (ICE) raid in Ellabell, Georgia last Thursday, in which 300 South Korean nationals were detained for working without proper immigration papers at a battery plant.
Many Korean companies sneak their employees into U.S. jobs via visa programs that do not allow travellers to work, Korean business leaders admitted to the AFP news service.
President Donald Trump is telling foreign companies to obey U.S. migration laws while also suggesting he may adjust border rules to help law-abiding foreign companies quickly set up operations in the United States.
U.S. officials will quietly deport the 300 South Korean migrants who were working illegally at a taxpayer-funded construction site in Georgia, muffling a diplomatic spat between the two governments.
Democratic leaders are siding with illegal migrants and their Fortune 500 employers by condemning ICE’s detention of 475 suspected illegal workers at a Korean-run Hyundai worksite in Georgia.
ICE agents detained 450 migrants at a construction site in Georgia, including hundreds of Koreans who likely misused B-1/B-2 business tourist visas to take jobs from American construction workers.
President Donald Trump and Hyundai Motor Group Executive Chairman Euisun Chung announced Monday the company is investing $21 billion in the U.S. over the next four years.
President Donald Trump estimated that his administration has already identified “maybe $4 trillion worth of companies moving back or going to move back” to the United States thanks to his tariff policies.
Hyundai Motor Company and Kia aim to boost American automobile production to avoid President Donald Trump’s planned 25 percent auto tariff, according to a report.
More than 49,000 Hyundai vehicles in America are being recalled due to issues regarding their airbags.
Hyundai is recalling 31,440 vehicles due to a possible issue regarding failure of the fuel pumps.
A recent report has revealed that several major automakers are covertly sharing detailed driving data from their customers’ vehicles with insurance companies and third-party data brokers.
The National Highway Traffic Safety Administration (NHTSA) launched a probe Monday into the recalls of 6.4 million Hyundai and Kia vehicles.
Hyundai and Kia are recalling 3.4 million vehicles due to a risk of engine compartment fires.
South Korean President Yoon Suk-yeol made a surprise visit to Kyiv, Ukraine, this weekend, resulting in major agreements for Korean companies to participate in building railways, airports, and a “smart city” in Ukraine after the culmination of the ongoing Russian invasion.
Hyundai and Kia have agreed to a $200 million settlement to a class-action lawsuit involving a slew of car thefts due to the company’s easy to steal vehicle. Theft rings of “Kia Boyz” inspired by a viral social media challenge on the China-owned app TikTok have proven cars from both carmakers far easier to steal that other models due to a lack of electronic immobilizers, a common feature on most modern vehicles.
The U.S. Labor Department on Monday accused a South Korean-owned company that supplies parts to Hyundai Motor Company of violating child labor laws at its factory in Alexander City, Alabama.
Car manufacturer Hyundai has reportedly acquired Boston Dynamics, the robotics company best known for creating robot “dogs” that have been used by police departments around the world.
Hyundai and Kia are downplaying rumors that they are working with Apple on an autonomous electric “Apple Car.”
Apple and Hyundai-Kia are reportedly close to a deal to manufacture an Apple-branded electric vehicle in Georgia, which will reportedly be fully autonomous, featuring software and hardware that can be controlled by the tech giant.
Beer giant Budweiser is the latest big advertiser to take a pass on buying ad time during this year’s Super Bowl.
Apple is partnering with Korean vehicle manufacturer Kia to develop the tech giant planned self-driving electric cars according to a recent report.
